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Shildon Stores Ltd

12469593

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

18 REDWORTH ROAD, SHILDON, DL4 2JE
Incorporated 18/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mrs Gurmeet Kaur

director · Since 18/02/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Persons with Significant Control

Mrs Gurmeet Kaur

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 62

8 Claypit Close, South Shields, NE33 1TH

Notified 18/02/2020

Mr Vickram Singh

25–50% shares
25–50% votes

British · United Kingdom · Age 44

18, Redworth Road, Shildon, DL4 2JE

Notified 01/03/2023

Charges3 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 12/02/2026Registered 16/02/2026
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 12/02/2026Registered 16/02/2026
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/01/2022Registered 26/01/2022

CompanyRankvs 10395+ SIC 47110 peers
45

Financial strength69th percentile among SIC peers · 17/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength17/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

£26k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£62k

Working capital

Current Assets

£123k

Current Liabilities

£185k

Fixed Assets

£210k

5avg. employees+1

Balance Sheet

Assets less current liabilities£148k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.67+£14k
20240.79+£413
20230.77
20220.60
20211.44

Derived from filed accounts. Not audited figures.